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Technology Stocks : VeriSign (VRSN)

VRSN 246.29

-1.0%

Jan 13 3:59 PM EST

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To: Kevin Yang who wrote (233)	8/19/1998 7:22:00 PM
From: Patriarch	Read Replies (1) of 1285

With the growth of IP-based networks, the digital-ID market is going to explode in the next five years. Both companies will get their share, but for now, I like VRSN more. One reason was stated in the article: VeriSign's enterprise business has grown from six clients in November to more than 120, Sclavos said. VeriSign still has about a 90 percent market share in the public Internet space, in which companies like Amazon.com and E-Trade use digital certificates to handle e-commerce transactions. Entrust does not compete in this space, and other competitors like GTE and IBM have had a negligible impact, Sclavos said. BTW, the next issue of Individual Investor has on its cover five companies that will benefit the most in the Internet Society. CSCO was one, I forgot the other three (sorry), but the other was VRSN. Nice write-up. All comments are welcome. Pat

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